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Said promissory note was ~ yen to secure a loan in which the Sntall Business Administration, an agency of the
<br />United- States of Attrerica, bas gartieipated. In compliance »ith section lf)].I;_<1) of tha Rules and Refulatians of
<br />the 5rttill Business Administration j13 G.F.R. lt)l.lldl j, this instrvmeni is to be construed and enforced in accord-
<br />ance wits applicable Fedespl Iaw.
<br />I. The mortgagor eovenanta and agrcea as follows:
<br />a. He will ptnmptly pay the indeltedneas evidenced by said promiasotn• note at the times and in the
<br />trtaturer thezeitt pitovidetl.
<br />b. He rill pay aB taxrs, assessmrats, water rates, cad other got'rrrtmental ar t.^.a:r:.lpal charges, fines. or
<br />impoaitituaa, for which pro+iaioa bas not bern made herainhefore, and wi}1 prompdp deliver the ofScial reicipta
<br />thetrlor to the said mortgagee.
<br />c. He wiIi pay ouch e=penxa cad fees as mac be incurred in the protection and maintenance of acid
<br />propem, iaehadiag tht Eera of any attorney employrd by the mortgagee {or the collection of any or all of
<br />the iadebtedrtere hereby secured, or foreclosure by mortgagee's .ale, ar court }sroeeedings, or in anc other
<br />litigation or proceeding affecting said Rroperty. Aitarneys' tees rea.onaht. inrvrre+l in any other way shall he
<br />gold be the moriga~or.
<br />d. for betFrr security of the indebtedness hereby secured, upon the n•quesi of the mortgagoe, its
<br />stxrecsors or aims, he shall execute cad ddia~er a svpplementa! mortyare os nuirt~.ages roarrsng arc
<br />additian.~ improyernents, or brtiernzents made to the proprrt. herrinalxttr ,}rscrihrd ,utcl all proprrt~
<br />acquired by it afar the dale herraf ~ all in form =atisfarton to maR Baer , 1•'urtltrnzznrr, ~lzoutd nuirtgagor
<br />fail io cure any de#ault izz ~4e _ _ r~i ;.t s r--- - ;nfpri.,r ..___ s.hrq.,r:. ,-.. zl,.. _- ...rz. ;~riF ~i h}
<br />this ittstrutttent, ntortgagar hrrrb~ragrres to },ernzitamort}ta};re to cure such :[fault, btu nzortKa>:n• is not
<br />obligated io do sa: and such adyanrrs >ha1} brrantr part of thr its:Ir}ztcdnr~. ~r+'urrd ha chi. iu~irumet: i,
<br />subject !o the i.ame trrnts and rundition~
<br />e. Thr rights snared bs this cnuyrt case shall rrrnain sn ful3 farm anti e}ferl duriui atza pa-t}wnrtnrut
<br />~or e~iea_voa of the time of the pas'mrnr of the in drbtednrr.~ ea idrnrrd lz..aid pmnti~.tn n,.tr et xna pxrt
<br />thetrnf secured hereby.
<br />J He wit eoaiianotaaiv ataiataia hazard insurance of [tech t?.'pe or tcpe~ and in such amouata as flu
<br />mortgagee racy from tine to time require cur the iutptoa ratrnf. not. ur hrreafirr ..n ,xid prolu~rt•., .uo}
<br />rill pay prnmpti. whoa due anc premituas thtxfor. Ali inanranm shall be carried in companies atteptabk
<br />izz sotigagce aced the pnliciea cad remer-a}a zherroi shall be held by mortgagee and have attached thrrew
<br />ktaa. payable rlaitaes is favor of and in farm accrptable to the mortgagee, In eren: of lns.~ mortgairor rill give
<br />immediate notice iv writing to mortgagex, and mortgagor may make proof at las if not made prcmptla- by
<br />mortgagor, cad each inattraace avmpanc xvaucerard is hereby authorized nod directed to make paxmeat for aur2t
<br />k»e diaertly to zaot2gagee instead of to t:.artgaFrtr and mortgagee jointly, and the insurance proerrda, or nay
<br />peat ti+rrraaf; racy he applied by taorigagrr at its option either to rite redttetioa of thr indebtedaer he,r¢hy
<br />secured or to the restoration or repair of thr progeriv damaged ar dcstroytd. in evert[ of for~elmnre of i}tis
<br />mortgs{fe. or atker ttaasfcr of title io raid property is rxtiitguishraeat o! the indebtrdaeas sexured hereby, all
<br />ri~i, titkg, cad interest of rite moztga}mr its cad to any- inauraacr galiriea Llxn in force cleat! pose to rite
<br />pttach~rr or mangapt+r zrr, a! ihr optitxt of the mortgagee, run. ire ,zzrrrnzk-rwl for a refund.
<br />IIe will It_:.Y all k+a.•tldtn~s a~ sxt~r :atproa:.,x;its ,.,, >atd prt{~.. ., .tn... rclzatr atzd c.,ndtt;art:
<br />.sill prrmit, summit, or >ufler as caste. intgairment, deteriaratiun of said pro}.rnt nr anc }tart thereof;
<br />is the e. cart of fai}urr of the• mortgagor to krrp the buildings au paid premt>r- and tha-r crest rtl on saizl
<br />ptrar.iuea~ or improarraarnt littretsn. in good repair, the martgsgr•r ntaa ut,zl.r xerlt rrpair~ as in its+hscretian
<br />it ma} drrm nececaary fer fire grupex pra.en at tun titrre4zf_ nnel the full a::tattnt of earl[ and caeca such
<br />f?ayarent shall 6e itatratexiiatrla der and pa>,ablr: and nhali br ~r•e~szre+l ha rite lien of thi. mart; air.
<br />k. fir frill mat a°aivatarily rx-aar or prratit tat br rtrated aESinsz ihr pmprrtp subject to this mortgage any
<br />Ilea ar Iiraa inferior at rvperior to thr lira of thin mongat'r r [[bout thr a ritira ronarnt of the mortgagee: cad
<br />fixiber, ?Isar hr rill krep grad mamtaiu thr utur frrr fnxuz tizr Elartn :,f a}l },r r,a.n..upplying labor az
<br />aaatet~ab f~ e,aaatrtartioa of anc- and al} harldanaF sMr tmpauarzs=•~ttt aar~ hrin.• .•rrrird ar ttz hr P7PCied nu
<br />said p~trmiaet:.
<br />s. Ile rill voi resat :zr a~ign aaa pan a# thr tint aF earl ntot:gagrd prctpa~rit nr drmnlish, or rrnta. r,
<br />or rril~taatialiy aitrr ant Iruildiag rithout i}tr a.rittrrt retneen: of tftr ntort;:age+-.
<br />F Atl awuda ~ daaaages is eonttettim rich nay raadrntnatxas for public urt• at ar injura to and of thr
<br />lzroizt•rty arthjrri to ibis atorigagr arc hemhc atyaignrd and shall }te psi+i to mortgagor, rho may apple, the
<br />+.ame io payment ai tLc insrallate»ts uRt dar. under raid ntztr. anti nzungaKrr i. herrha authorized, in thr
<br />naaar of t}re maitLCa}eor, to rxeMrte and drliyer r:lid asq_niiiance> thrrrai and to ap}zral from anc sttrh ataard.
<br />_ k T-kr, ,atatslgafrx s}sal} kart tier right to ireapc.ri the atorttesµr+l prrnzir-. ai aaa rre-euzalzlr titer.
<br />L Dafinit a asp sf fdse eatrssaata ~ eanditioaa of tltia itsstrameat or of the note or lwn ttgrremrat seeurrd
<br />kc~edas aka77 tarm'isak eke tlaeriga}Car'a rgght to pa~ioa, ere, and eajay~crat o3 ihr property, at the option of tLe
<br />area!{agae' atr kin aaai}}w (it item agterd! that rim mortga}letr oleo!! hour such right earl! default 1. Upon any such
<br />drfstal3. t~ taoatitaltee a3rall lreeegar the owicer of ail of t$e rents cad profits acentiog after default as aeMt RfY
<br />for flee ~ eeraeed hereby, with ilae ritskt to eaH>•e >gpoa said property for the purpose of collecting ouch
<br />eeau ~ pr++~ [~tntment shall apera3e m as aaaisamrnt of car rentals on acid property to that r:tent
<br />kt..6
<br />SBR FO Rli a2a i2-~3z
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